The Real Cost Of Inflation
One of my favourite PC games was the Massive Multiplayer Online Role Playing Game (MMORPG, or MMO in short) called Perfect World. It is an MMO from China. As with other MMOs, there was a lot of grinding to be…
Category Financial Literacy
Stupidity Tax
Stupidity tax is the cost incurred due to one’s ignorance. Ignorance is not bliss. It cost something. Sometimes it is people’s lives, sometimes it is people’s future, and often times in a less serious case it is the extra money…
The Dreams They Sell You
In 1957, Dr. Curt Richter from John Hopkins did an experiment with rats. By placing a few rats in a bucket or jar of water with no way out, he watched how long the rats would last before drowning. Do…
Expert Views
In the world of the financial markets, there have been many so-called experts proclaiming and predicting a bunch of things. From Youtubers to legit analysts from well-known banks, there are numerous analysis from the stock market to the forex market,…
The Mechanics Of Black Market
Background In light of the current affairs of these days, I thought this article will be a useful piece for my readers. Do read that with the knowledge of current affairs of today in mind, and with what we have…
Productivity And Efficiency
If you ever played the game Civilisation, you will realise that to develop the country well you need to scale up many things, of which the following are the more important ones – science, production, economy and military. While balancing…
Stability Of Your Income Source
Our job, usually the first income source we have and the only income source for most. While there is a need for us to have multiple sources of income, many people are still largely reliant only on their job. But…
The Next Generation
During the era of my great-grandfather, there was war. To die was a common fate. To survive was top priority. They did what they could to secure a chance for their children to survive, be it by fleeing the land…
What To Do If You Suddenly Lost Your Job
In one of my earlier posts, I gave certain tips on how we can prepare in advance for an upcoming recession. But what if you do not have enough time to prepare for it, or if you simply do nothing…
How To Prepare For A Recession
Recession comes once every 10 to 12 years. While there are many signs predicting when it will happen, sometimes the timeline may shift a little due to human manipulation or unforeseen circumstances. Recently there has been more and more talks…
The Importance Of Having Multiple Sources Of Income
Many of us know the concept of not putting all the eggs in one basket, for that is risking it. If that particular basket collapsed, all our eggs are gone. This applies to investments where we buy a variety of…
Crypto Savings
Note: There are many technicalities involved if we want to be very specific in the explanation of crypto currency. But considering that there may be readers who does not know much about the crypto scene, this article will intentionally use…